PPP Loan information for Towers electric service

$58,750

Towers electric service was initially approved for PPP Loan of amount $58,750, the current approved amount is $58,750. The loan was approved on 04/28/2020 by The PNC Bank, National Association reported 5 jobs and $58,750 was used to fund payroll.

Towers electric service is Existing or more than 2 years old

TOWERS ELECTRIC SERVICE

Date Approved

04/28/2020

SBA Office Code

0920

Processing Method

PPP

Borrower Name

TOWERS ELECTRIC SERVICE

Borrower Address

75161 Sego Ln

Borrower City

PALM DESERT

Borrower State

CA

Borrower Zip

92211

Loan Status Date

07/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

58750.00

Current Approval Amount

58750.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

44449

Servicing Lender Name

PNC Bank, National Association

Servicing Lender Address

222 Delaware Ave

Servicing Lender City

WILMINGTON

Servicing Lender State

DE

Servicing Lender Zip

19801-1621

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

PALM DESERT

Project County Name

RIVERSIDE

Project State

CA

Project Zip

92211-0400

CD

CA-41

Jobs Reported

5

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

58750.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

102000

Originating Lender

First Source FCU

Originating Lender City

NEW HARTFORD

Originating Lender State

NY

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

59401.15

Forgiveness Date

06/02/2021

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